/biz/ - Business & Finance

>>51298038
>Just found this company, good value maybe?
>Rocket lab, ticker RKLB.
>Went public last year, share price is now $5.45 from a peak of $18 last year. Current market cap of 2.5billion.
>Their currently flying rocket, the “Electron” first flew commercially in 2018 and is groundbreaking in the fact of having electric pump fed engines. They’re working on and apparently making good ground on making boosters reusable - I don’t know how many other companies other than spaceX are doing this but it looks to make them a viable competitor cost wise once operations scale up.
>The real exciting thing is their new rocket, pic related. They intend to fly it in 2024, from what I can gather googling it’s a reusable rocket with half the payload capacity of a falcon 9 (17,000lbs) which is a good thing really - half the payload is half the fuel required to get to Leo which is half the cost. Good for customers that want just their one satellite taken to orbit.
>If I ape in it won’t be with much money, rockets have a notorious history of delays and a company without gov funding could easily go bankrupt developing one. let me know what you guys think


I'm a rocket ship on my way to Mars on a collision course
I am a satellite I'm out of control
I am a sex machine ready to reload like an atom bomb
About to oh, oh, oh, oh, oh, explode

>>50858755
personnel Like rklb more